1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Electric Power Market Trends
DC Circuit Breaker Market by Voltage, Type, Insulation, End-User and Region - Global Forecast to 2024

DC Circuit Breaker Market by Voltage, Type, Insulation, End-User and Region - Global Forecast to 2024

  • May 2019
  • 152 pages
  • ID: 5775883
  • Format: PDF
  • By MarketsandMarkets

Summary

Table of Contents

Search Inside

The DC circuit breaker market is projected to grow at a CAGR of 6.54%, from 2019 to 2024.
The DC circuit breaker market is projected to reach USD 3.2 billion by 2024, from an estimated USD 2.3 billion in 2019 at a CAGR of 6.54%. This growth can be attributed to the increasing demand for reliable and secure power supply worldwide and increasing government investments in electrification projects and growing adoption of renewable resources. However, governmental laws and regulations and high installation and maintenance cost of the DC circuit breaker can hinder the growth of the market.

The medium voltage segment is expected to be the fastest growing market in the DC circuit breaker from 2019 to 2024.
The medium voltage segment is estimated to be the fastest growing segment during the forecast period.The medium voltage DC circuit breaker finds applications in industrial power and distribution, renewables, utilities, and transportation to protect and control the power transmission network.

Growing demand for transmission and distribution infrastructure because of the rising need for energy in developing countries including India, China, and African countries and efforts to tap more renewable sources of energy growing demand is expected to drive the medium voltage DC circuit breaker market during the forecast period.

Solid-State: The fastest growing market for DC circuit breaker.

The solid-state segment, by type, is estimated to be the fastest growing segment during the forecast period.The increasing number of electrification projects in power plants and high demand from process industries such as utilities, renewables, and transportation would drive the solid-state segment of the DC circuit breaker market.

Implementation of higher number of Medium Voltage Direct Current (MVDC) projects globally is expected to boost the solid-state DC circuit breaker market.

Asia Pacific: The fastest growing market for DC circuit breaker market.

The Asia Pacific is estimated to be the fastest growing market for DC circuit breakers in 2024 and is projected to grow at the highest CAGR during the forecast period.The increasing power generation capacity, focus on renewables, and plans to increase the electrification rate are expected to drive the DC circuit breaker market in the region.

China and India are heavily investing in T&D infrastructure to meet the growing demand for electricity.North America is the second most lucrative market for DC circuit breaker as replacement and refurbishment of the existing infrastructure is the major requirement in the local T&D scenario.

Meanwhile, Europe is another major market for DC circuit breakers, since the concept of smart grid technologies is gaining momentum particularly among the European Union (EU).A renewed focus on renewable sources of energy is being developed in countries such as Germany and the UK.

These upcoming power generation sources are expected to push the growth of new T&D lines, which in turn would increase the requirements for DC circuit breaker.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
• By Company Type: Tier 1– 55%, Tier 2 – 25%, and Tier 3 – 20%
• By Designation: C-Level - 35%, D - Level 30%, and Others - 35%

By Region: North America - 15%, Europe - 20%, Asia Pacific- 30%, the Middle East & Africa- 25%, and South America- 10%
Note: Others includes product engineers and product specialists.
Note: The tiers of the companies are defined on the basis of their total revenues as of 2017. Tier 1: >USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3:
The leading players in the DC circuit breaker market include ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Toshiba (Japan), Larsen & Toubro (India), Mitsubishi (Japan), Powell (US), Rockwell Automation (US), Fuji Electric (Japan), CG Power (India), ENTEC Electric & Electronic (South Korea), and BRUSH Group (UK).

Research Coverage:
The report defines, describes, and forecasts the global DC circuit breaker market by voltage, type, insulation, end-user, and region.It also offers a detailed qualitative and quantitative analysis of the market.

The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges.It also covers various important aspects of the market.

These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the DC circuit breaker market.

Why Buy this Report?
1. The report identifies and addresses key markets for DC circuit breaker, which would help manufacturers review the growth in demand.
2. The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and will help them in making strategic decisions.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Electric Ships Market by Power Source, Autonomy, Ship Type and Region - Global Forecast to 2030

Electric Ships Market by Power Source, Autonomy, Ship Type and Region - Global Forecast to 2030

  • $ 4950
  • November 2019

Broad adoption of fully electric passenger vessels and inland cargo ships, among others, are expected to fuel the growth of the electric ships market across the globe.The global electric ships market size ...

Distribution Transformers Market, Update 2019 - Global Market Size, Competitive Landscape and Key Country Analysis to 2023

Distribution Transformers Market, Update 2019 - Global Market Size, Competitive Landscape and Key Country Analysis to 2023

  • $ 3995
  • November 2019

Distribution Transformers Market, Update 2019 - Global Market Size, Competitive Landscape and Key Country Analysis to 2023Summarylatest report "Distribution Transformers Market, Update 2019 - Global Market ...

Croatia Power Market Outlook to 2030, Update 2019 - Market Trends, Regulations, and Competitive Landscape

Croatia Power Market Outlook to 2030, Update 2019 - Market Trends, Regulations, and Competitive Landscape

  • $ 2500
  • November 2019

Croatia Power Market Outlook to 2030, Update 2019 - Market Trends, Regulations, and Competitive LandscapeSummaryThis report elaborates Croatia’s power market structure and provides historical and forecast ...


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on